SEC Must Take Securities Claims Against NY Lender To Trial

Law360 (March 30, 2018, 8:53 PM EDT) — A New York federal judge on Thursday denied a summary judgment bid from the U.S. Securities and Exchange Commission, saying that too many material disputes of fact exist in its suit against a New York lending company and that a jury should decide on the
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Banks in Romania are looking to expand their financing facilities for small and medium-sized companies in Romania, while some of the lenders have boosted their presence in the local start-up ecosystem. BR has talked to some of the largest banks in Romania to find out what's their strategy on
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NEW DELHI: Public sector lender Allahabad Bank has reduced the base rate and benchmark prime lending rate (BPLR) by 45 basis points each, a move … “The Asset Liability Management Committee (ALCO) of the bank has decided to reduce base rate and BPLR (benchmark prime lending rate) by 45
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The CBI has registered a preliminary enquiry (PE) into the alleged nexus between ICICI Bank MD and CEO Chanda Kochhar's husband Deepak Kochhar and Videocon group chairman Venugopal Dhoot. Sources said the PE will seek to ascertain veracity of the allegations that Dhoot provided crores of
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The Piggy Bank contest is designed to add a creative and fun element to Financial Literacy Month. The contest has two age categories, 5 – 8 and 9 -12 years old. Piggy Banks are on display for two weeks and at the end of this time, the top two Piggy Banks in each age category are announced as the 1st
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State-owned Canara Bank has called off move to divest its entire shareholding in housing finance subsidiary Canfin Homes after receiving lower than expected price quotation. “Since the quote received is not in tune with the valuation, Canara Bank has decided to call off divestment process of it entire
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Since the mortgage domain—and the nation—went into a tailspin a decade ago and tons of borrowers lost their homes, adjustable-rate mortgages (ARMs) have got a bad rap. Sordid history aside, the ARMs offered now are head and shoulders above the previous models, says First American in its
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“This is semi-chartered territory now,” says Sheryl Lowe, broker associate at Kuper Sotheby's International Realty in Austin, Tex. The agency completed its first sale using Bitcoin last July and has since done two more in November and December (both in the $1 million to $3 million range). Since last fall
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The fund owned 262,822 shares of the company's stock after buying an additional 166,100 shares during the quarter. Two Sigma Advisers LP owned about 0.41% of Weight Watchers International worth $11,638,000 at the end of the most recent quarter. Other large investors also recently made changes
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In 1968, the first manager of Bank of Bhutan died in a car crash in Switzerland. With the tragic accident of Mr. John Roger Stansfield Holmes, the country's first bank had to explore other options of management. The, 'Review Report 1968-78,' which documents the history of the bank talks about how a
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The day after the bureau released its data, the Charlotte Regional Realtor Association released theirs on real estate trends for a 12-county region. February home sales were up 3.2 percent from the month prior, and more than 2 percent higher than February 2017. “Despite the challenges the Charlotte
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A number of other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. raised its holdings in Honeywell International by 2.5% during the 2nd quarter. Vanguard Group Inc. now owns 49,713,013 shares of the conglomerate's stock valued at $6,626,247,000 after
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IMPAC Mortgage logo IMPAC Mortgage (NYSEAMERICAN:IMH) announced its quarterly earnings results on Wednesday, March 14th. The company reported ($1.48) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($1.65), Bloomberg Earnings reports. The company
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Minto Communities recently received seven 2018 Eliant Homebuyers' Choice Awards. Eliant is a customer experience management company that has surveyed buyers of new homes in North America for more than 34 years. Homebuyers' Choice awards are presented annually to homebuilders
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The research study is segmented by Types [Direct Mobile Mapping System & Backpack Mobile Mapping System] as well as Key Applications [Automobile, Transportation & Logistics, Government & Public Sector, Video Entertainment, Real Estate, Travel & Hospitality & Other] with historical and projected
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REAL estate business in Fiji continues to grow day by day and it hasn't been the same for the past 10 years, says Inglewood Realtors director Praneel Dass, who restarted his real estate business in Fiji after returning from New Zealand. Mr Dass's business, Inglewood Realtors is no stranger to the local
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Snapchat is encouraging people to go out and enjoy the Spring weather this Easter weekend with an egg hunt geocaching game. The game features Easter eggs on Snapchat hidden throughout its Snap Map in the United States and Canada, according to Digital Trends. The eggs are hidden in public
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Another celebrity is lending a helping hand to help save the Rio Theatre in East Vancouver. Actor, writer and director Kevin Smith best known for his movies Mallrats, Chasing Amy and Dogma is playing two shows to help raise money to save the 80-year-old theatre from demolition. On Friday evening
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Seeking balance: The inventory for sale divided by the current monthly sales volume equals the number of months of housing supply. The market equilibrium, or balance between supply and demand, is considered by most real estate professionals to be approximately 6 months. During February, the
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“This appears to be a gift from a lobbyist to the EPA administrator,” Craig Holman, government affairs lobbyist for Public Citizen, said in a news release. “Scott Pruitt seems to be renting at well below market value — from a family member of a lobbyist who has business before the EPA.” The condo is
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